40 Terrace Ln Springfield, MA 01118
East Forest Park NeighborhoodEstimated Value: $342,000 - $388,171
3
Beds
2
Baths
1,782
Sq Ft
$208/Sq Ft
Est. Value
About This Home
This home is located at 40 Terrace Ln, Springfield, MA 01118 and is currently estimated at $370,043, approximately $207 per square foot. 40 Terrace Ln is a home located in Hampden County with nearby schools including Frank H. Freedman School, M Marcus Kiley Middle, and Springfield High School of Science and Technology.
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Home Values in the Area
Average Home Value in this Area
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,802 | $370,000 | $50,000 | $320,000 |
| 2024 | $5,329 | $331,800 | $50,000 | $281,800 |
| 2023 | $5,199 | $304,900 | $47,600 | $257,300 |
| 2022 | $5,091 | $270,500 | $47,600 | $222,900 |
| 2021 | $5,109 | $270,300 | $43,300 | $227,000 |
| 2020 | $4,638 | $237,500 | $43,300 | $194,200 |
| 2019 | $4,534 | $230,400 | $43,300 | $187,100 |
| 2018 | $4,554 | $231,400 | $43,300 | $188,100 |
| 2017 | $4,087 | $207,900 | $43,300 | $164,600 |
| 2016 | $3,908 | $198,800 | $43,300 | $155,500 |
| 2015 | $3,861 | $196,300 | $43,300 | $153,000 |
Source: Public Records
Map
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